Telefonica names new CEO

Spain's Telefonica , Europe's biggest telecoms company based on clients, has named its head of planning, Julio Linares, to become chief executive officer, Spanish newspapers, quoted by a Reuters report, said.

The Reuters report said Telefonica has not had a chief executive in four years and the move is intended to allow chairman Cesar Alierta to delegate day-to-day operating responsibilities to Linares so that he can focus on strategy, the Cinco Dias newspaper reported.

Telefonica declined to comment on the reports but said it would issue a statement.

Telefonica is expected to announce board changes, with Manuel Pizarro, formerly chairman of power company Endesa , and Javier de Paz replacing Maximio Carpio and Enrique Used, newspapers reported.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.